Fair enough. You favor protectionism, through the use of the tax code, which of course is how protectionism is effected
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An excellent point! As a lifelong believer in Free Trade, I find myself forced to make some exceptions today. First, we need to make certain that we have the means at home to sustain a possible war effort in the future--I mean a real war, with a formidable foe, not hit and run bandit fanatics, as are those with whom we are presently engaged. Second, there is a terrible social cost in this present farming out of jobs overseas. This was not possible in this form, historically, so it really is outside the human experience, and suggests all sorts of problems, not even yet addressed here.
We need a debate on just what are worthwhile personal choices, family goals and all sorts of other subjects, that usually have little role in debates on world trade. This is not just another business cycle, which can be expected to correct itself. Not where people who had to train for many years to obtain a highly skilled position, can be put out of business overnight, by companies willing to transfer information on the internet, 11,000 miles, to obtain the same service. That sort of change does not self-adjust in any manner of which we have any past experience. There are totally new factors thrown in, which might take generations, rather than months or years, to sort out.
William Flax Return Of The Gods Web Site